Some say that VC investments could be described as unicorn hunting. Specialized companies work day and night to find the next Uber or Facebook. Studies show that 96% of VC backed companies fail but the 4% that succeed make up for the losses and then some! This type of business is mainly reserved for the wealthy few. There is no such thing as a middle-sized VC firm. Blockchain technology is here to change that by bringing VC investment opportunities closer to the people like you and me!
The Oryx Ecosystem
So how does Oryx work? By implementing a new digital economy model where new companies have access to direct retail investors with the help of the OryxCoin and OryxCash cryptocurrencies. The blockchain architecture is going to be based on the Nihilo Private Blockchain as the Nihilo Project became a member of the Oryx consortium. To create a seamless and transparent transition for the investors, a token swap was initiated between NIHL/ORYX.
Members of the Oryx ecosystem will have the opportunity to invest in Startups by purchasing OryxCash tokens. Once the company that they invested in becomes profitable, dividends will be paid in the form of OryxCoin, a token that represents a real store of value and can be swapped for fiat currencies or can be reinvested in other up and coming companies. Using the Nihilo framework, Oryx will have a decentralised governance system that is scalable and transparent while also providing a fair remuneration for miners.
What are the main advantages of the Oryx Ecosystem?
- Secure Private transactions that work on a 24/365 basis where settlements are stored on the blockchain
- 60% block reward funnelled into master node holder rewards promoting passive income for members
- Distributed governance amongst the master nodes scattered all around the globe
- User-friendly blockchain technology based on a tamper-proof network worthy of Web 3.0
ORYXCASH Initial Coin Offering details
If you are interested in investing in this opportunity you can do so by purchasing ORYXCASH tokens starting on the 20th of August 2018. The total supply is capped at 250 million, and in the ICO phase, there are 15 million ORYXCASH available for sale. Those who decide to invest at this stage will receive a 10% bonus on their total investment. There are also 30 million pre-mined coins. Out of the 250 million total 6% is reserved for the company’s members as well as marketing and bounty programs.
Users also have the opportunity to earn more tokens by signing up and creating a referral link that will entitle them to extra coins for every member that signs up and purchases ORYXCASH through their referral link. Once the ICO phase is over, Oryx will start investing in startups as early as Q4 of 2018! Needless to say that ORYXCASH is a long-term investment that will shine once the first successful startups rise up and further legitimize the Oryx Ecosystem.